Alternative Fuel and Advanced Vehicle Technology Incentives: A Summary of Federal Programs

Summary

This report gives an overview of the federal incentives support the development and deployment of alternatives to conventional fuels and engines in transportation including tax deductions and credits for vehicle purchases and the installation of refueling systems; federal grants for conversion of older vehicles to newer technologies; mandates for the use of biofuels; and incentives for manufacturers to produce alternative fuel vehicles. It also addresses how these incentives relate to goals of reducing petroleum consumption and import dependence, improving environmental quality, expanding domestic manufacturing, and promoting agriculture and rural development.